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1) Here is a Company with the following data (20 points) Cash and marketable securities : $100 Fixed assets : $300 Sales : $1,500 Net
1) Here is a Company with the following data (20 points) Cash and marketable securities : $100 Fixed assets : $300 Sales : $1,500 Net income: $400 Inventory : $200 Current ratio : 2.5 Average collection period : 50 days Average common equity : $500 (a) Calculate the amount of current assets. (b) Determine the amount of current liabilities. (c) Determine the amount of total assets. (d) Calculate the amount of the long-term debt. (e) Calculate the Return on Common Equity
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